Like our Recordkeeping Survey on the defined contribution side of the market, the DB Administration Survey showcases providers in the DB market—who the major players are, who they serve, what services they provide. Also included is information on overall market sizing.
Like our Recordkeeping Survey on the defined contribution side of the market, the DB Administration Survey showcases providers in the DB market—who the major players are, who they serve, what services they provide. Also included is information on overall market sizing.
DB CLIENT OVERVIEW
Total DB admin clients1
72
% Full outsourcing
50%
% DB and DC clients
3%
DB PLAN OVERVIEW
Total DB plans
138
% Frozen plans2
67%
% Cash balance plans
16%
% PLANS, BY NUMBER OF PARTICIPANTS
<100 Participants
19
100 – 1,000 Participants
54
1,001 – 10,000 Participants
61
>10,000 Participants
4
DB PARTICIPANT OVERVIEW
Total DB Participants
277,151
% Private/Corporate3
29%
% Public/Government
0%
% Retired participants
26%
% All interactions on web
78%
SPONSOR SERVICES OFFERED
Plan accounting / Master trust
Trust and custody services
Actuarial services
I
Investment management
Liability-driven investing
Investment consulting
PARTICIPANT ONLINE SERVICES
Online initiation
Online elections
E-form processing
Online inquiry status
Online calculations
Saved DB calcs online
I = Internal; E = External; P = Partnership; NR = Not Reported in time for publication
Footnote:
1 - Includes both full outsourcing and partial outsourcing/co-sourcing arrangements; excludes investment-only, actuary-only and plan consulting-only clients.
2 - Includes partially frozen, soft-frozen and hard-frozen defined benefit plans.
3 - Includes both single-employer and multi-employer/Taft-Hartley plans.